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Claims for unemployment benefits in the U.S. rose to their highest level since March 2002 with 455k initial claims reported in the week ending Aug. 2, but economists say new rules that make it easier to file a claim is putting upward pressure on the figures. "The larger than expected rise is not...
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Initial claims for unemployment benefits in the United States rose much less than expected to 366k in the week ending July 12, following a slightly revised 348k in the previous week. Continuing claims fell back 81k to 3.122 million for the week ending July 5, the Department of Labor reported Thursday...
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Initial claims for unemployment benefits in the United States fell to 346k in the week ending July 5, following an unrevised 404k in the previous week. Continuing claims rose to 3.202 million for the week ending June 28, the Department of Labor reported Thursday. Forecasts were for initial claims to...
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Economists say the higher-than-expected initial jobless claims reading for the week ending June 21 and four-year high reached in continuing claims illustrates the continued deterioration of the U.S. labour market. Initial claims for unemployment benefits in the United States remained unchanged at 384k...
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Initial claims for unemployment benefits in the United States came in higher than expected with 381k claims in the week ending June 13, following a 2k upward revision to 386k in the previous week. Economists were divided as to what these figures mean for the broader economy. Robert Stein, senior economist...
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At 8:30 a.m. EDT, the U.S. Labor Department will release initial and continuing jobless claims for the weeks ending May 17 and 10 respectively. Economists expect a rise of 373k following a 371k increase in the previous week. Continuing jobless claims are expected to rise to 3,065k from the previous week...
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The current pace of jobless claims is relatively low compared to the previous recession, some economists say. However, others note that the rise in continuing claims is consistent with a higher unemployment rate than its current 5.0%, suggesting more trouble in the labour market than the latest figures...
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U.S. initial jobless claims came in lower than expected in the week ending April 12 with a total of 372K seasonally adjusted claims filed, representing a 4.8% rise from the week before, the Department of Labor reported Thursday. Forecasts were looking for a total of 375k claims. The previous week's...
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While U.S. initial jobless claims pulled back in the week ending April 5 from its 2.5-year high reached the week before, economists say the overall trend is still creeping up into recession territory. U.S. initial jobless claims came in lower than expected in the week ending April 5. A total of 357K...